Kevmar INC

$53,475 PPP Loan in Newport, Minnesota

Loan Details

Loan Number
3020607205
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$53,475
Current Approval
$53,475
Forgiveness Amount
$53,925
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kevmar INC
Address
3025 Bailey Rd
ZIP Code
55055
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$42,780
Rent
$8,000
Utilities
$2,695

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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